The Federal Government has asked the Productivity Commission to conduct the first of a series of five-yearly inquiries into the nation's productivity performance, but the ACTU says the initiative ignores the "real problems" faced by workers.
The Productivity Commission is inviting submissions on whether its proposed objectives, criteria and indicators for assessing the competitiveness and efficiency of the nation's $2 trillion superannuation system are "fit for purpose".
The Productivity Commission has canvassed the "radical" option of providing a "universal basic income" to redistribute wealth as a response to digital disruption of the economy.
IR barristers appointed to Federal Circuit Court; FWC member retires after almost 15 years; Wage rises lower in industries hit by resources downturn, says RBA; New FAAA leadership seeking to secure role in new Qantas aircraft; Agreement delivers wage justice for nurses, says Victorian Government; and Supermarket self-service hindering employment growth, says report.
The Fair Work Commission has hit back at Productivity Commission criticism, with its President, Iain Ross, saying that the PC's IR inquiry findings appear to reflect a "misunderstanding of [the] Commission's statutory role and functions".
The Productivity Commission has called for the FWC in its four-yearly review of awards to align Sunday penalty rates in hospitality, entertainment, restaurants and cafes with those payable on Saturdays.
The Productivity Commission in its draft IR inquiry report, released this morning, has recommended the 100% Sunday penalty rates for cafes, hospitality, entertainment, restaurants and retailing be aligned with Saturday rates.
Delaying access to superannuation by two years is likely to boost mature age workforce participation by two percentage points, says a new Productivity Commission report.
The Department of Employment has crunched the numbers on Australia's 122 modern awards, finding that just half provide for weekend penalty loadings, and 26 rule them out.
